1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."
Taxability of earnings:
|CCIL T Bill Liquidity Weight||1.87||-0.01||0.04||0.16||0.43||1.05||2.00||3.20||3.53||3.98||4.47|
|Rank within category||14||11||31||21||22||18||15||7||7||5||8|
|Number of funds in category||41||42||42||42||42||42||41||38||35||34||33|
As on 06-Dec-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|PGIM India Insta Cash Fund | Invest Online||Sep-07||3.23||4.81||5.69||0.25%||528|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||3.19||4.78||5.65||0.32%||37,504|
|Nippon India Liquid Fund | Invest Online||Dec-03||3.19||4.81||5.68||0.32%||27,208|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||3.23||4.82||5.69||0.32%||27,111|
|Axis Liquid Fund||Oct-09||3.25||4.81||5.70||0.26%||26,451|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||0.40||24-Mar-2020 - 31-Mar-2020||-0.15||17-Mar-2020 - 24-Mar-2020|
|Month||0.93||08-Aug-2013 - 09-Sep-2013||0.15||23-Feb-2020 - 24-Mar-2020|
|Quarter||2.66||24-Jul-2013 - 23-Oct-2013||0.72||23-Oct-2020 - 22-Jan-2021|
|Year||9.92||12-Aug-2011 - 13-Aug-2012||3.18||29-Oct-2020 - 29-Oct-2021|
|CCIL T Bill Liquidity Weight||3.18||0.40||-1.54||-4.30||--||--|
|Rank within category||7||32||7||15||22||9|
|Number of funds in category||38||38||38||38||38||38|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Nov-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||10||20||10||38|
|Modified Duration (yrs)||0.06||0.12||0.06||--|
|Average Maturity (yrs)||0.06||0.12||0.06||--|
|Yield to Maturity (%)||3.63||3.63||2.97||--|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|ICICI Home Finance Company 43-D 29/12/2021||Commercial Paper||A1+||0.00 - 9.45||9.45|
|Berger Paints India 62-D 29/12/2021||Commercial Paper||A1+||0.00 - 9.45||9.45|
|Larsen & Toubro 67-D 28/12/2021||Commercial Paper||A1+||0.00 - 9.45||9.45|
|Reserve Bank of India 91-D 13/01/2022||Treasury Bills||SOV||0.00 - 9.44||9.44|
|Reserve Bank of India 91-D 09/12/2021||Treasury Bills||SOV||0.00 - 8.52||8.52|
|Reliance Industries 146-D 20/12/2021||Commercial Paper||A1+||0.00 - 4.73||4.73|
|Blue Star 32-D 31/12/2021||Commercial Paper||A1+||0.00 - 4.72||4.72|
|Reserve Bank of India 182-D 23/12/2021||Treasury Bills||SOV||0.00 - 1.89||1.89|
|National Bank Agr. Rur. Devp 90-D 12/01/2022||Commercial Paper||A1+||0.00 - 0.94||0.94|
|9.10% ICICI Home Finance Company 24/12/2021||Debenture||AAA||0.00 - 0.86||0.86|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-2021
*As on 31-Oct-2021
Education: Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).
Experience: Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.
Education: Mr. Jain is a B.Com and MBA (Marketing).
Experience: Prior to joining PGIM India Mutual Fund, he has worked with Indiabulls AMC Ltd. as Fund Manager, LIC Nomura AMC Ltd. as Fund manager and Kotak Mahindra AMC Ltd. as Fixed Income Dealer.
The scheme aims to generate steady returns with high liquidity by investing in a portfolio of short-term , high quality money market and debt instruments. The fund would invest atleast 80% of the corpus in instruments with average maturity upto one year upto 20% of the corpus in instruments with average maturity greater than an year.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||5|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||1|
|Lock-in Period||Not Applicable|
|Exit Load||Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.
|Fund House:||PGIM India Mutual Fund|
|Return Since Launch:||7.27%|
|Benchmark:||CRISIL Liquid Fund Index|
|Riskometer:||Low to Moderate|
|Assets:||₹ 528 Cr (As on 30-Nov-2021)|
|Expense:||0.25% (As on 31-Oct-2021)|
|Return Grade:||Above Average|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: PGIM India Asset Management Pvt. Ltd.
Address: 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai - 400051
Phone: 022-61593000 / 1800-266-2667
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]